Exercises · Q5
Q.Explain the features of a Departmental Store.
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Start your 14-day free trial to unlock the full solution →A Departmental Store is a single, very large retail store organised into several separate "departments," each dealing in a different category of goods (e.g. clothing, groceries, electronics, household goods), all functioning under one roof and one central management.
Key features:
- Wide variety under one roof — a customer can buy many different categories of goods without visiting separate shops.
- Unified/centralised management and billing — although organised into departments, the store is run and controlled centrally, often with combined billing/checkout.
- Large capital requirement — a big premises, large stock across many categories, and many staff make this a capital-intensive retail format. …
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